Hedge fund Mudrick Capital Management LP asked Neiman Marcus Group’s independent directors on Tuesday to explore a combination with rival department store chain Saks Fifth Avenue, challenging the company’s plan …
The Dutch revolutionized farming yields by growing plants year-round in greenhouses, so why not use the same solution to ease pandemic-plagued fine dining? An Amsterdam restaurant called Mediamatic ETEN has …
As luxury department stores prepare to reopen their doors, global retailers share their plans — and fears — for the future of shopping. When department stores reopen their doors, a …
With six kids, two parents and a box that fits one roll of toilet paper, delivery drones have been stopping by the Merrill household in Christiansburg, Va., as often as …
Zalando expects to achieve double-digit growth in 2020, despite the challenges posed by the Covid-19 crisis. The online fashion and lifestyle retailer aims to increase sales made by itself and …
How will physical retail begin again after a nationwide pause? Slowly. After closing all of its stores to help slow the spread of the coronavirus, Best Buy will now offer …
The parent company of Gap, Old Navy, Banana Republic and Athleta said it aimed to be “responsibly aggressive” as it returned to business. Gap Inc., the mall stalwart that owns …
Target Corp. is set to enhance its same-day delivery muscle in its ongoing battle to compete with Walmart and Amazon. The discounter, which already owns on-demand delivery service Shipt, said …
Online supermarket Ocado has revealed retail revenues surged by 40.4 per cent for the past two months as demand soared due to the coronavirus pandemic. However, it said “more normal …
Wayfair has recorded year-over-year revenue growth of almost 20% for the quarter ending 31 March 2020, totalling $2.3 billion. The global online homeware retailer has partly put this performance down to …